As a State Farm Agent you must be aware that two former Enron Board Members were also board members of State Farm and then they suddenly vanished from the State Farm board. As a State Farm Agent you might not be aware of the many \”Jack Companies\” that are limited partnerships as part of Amberjack. State Farm has lied to the press about the number of \”Jack Companies\” before, this was in a press conference in Washington DC in 1999. I think if you are going to jump to the defense of State Farm you had better know all the facts. Does it not concern you that State Farm has committed perjury?
Roger I can see you are someone who jumps to conclusions without the facts. Please read any of my replys and tell me where I stated I was an attorney. Also if you can read you will see in one of my replys that I stated my case was at the Calif. Supreme Court Case #S131445. Most people would understand this means the case is very active and has merit as about 2% of all cases presented to the Supreme Court are accepted. In our original jury trial the jury awarded me, and the other agent, (yes I am an agent/broker) $12,600,000 which included punitive damage. I can tell you State Farm got caught lying and the jury knew it. Oh and by the way if you are going to call someone a loser you should at least spell it correctly!
Foks are missing the big picture. The larger insurers set up the scheme that fell apart with Katrina. They sold homeowners insurance that protected them but of course the insurance sold did not protect them from the hazard they needed the protection from, storm surger. Insurance companies and the Fed\’s have worked up the flood program not as a protection program for the middle class but as a protection program for insurers so they can avoid providing coverage for that peril and for rich people with expensive homes on barrier islands..
The whole thing does not meet the \”justice\” test and justice will find a way. These companies will lose their lawsuits and will be in desparate shape. They will stall on these claims begging for time. They will seek Federal legislation and when they get it, they will ask for a bailout (see airlines).
As a SF agent, I admire you. We have never met, maybe someday we shall. However, you and I communicate with each other, via other means, on a regular basis. As far as the other individuals responding to these notices, \”Walk a mile OR TWO, in our [State Farm insurance agent] shoes\”. One further note, the insurance industry is pushing for a new national catastrophe insurance policy for the nation. This means HIGHER costs and REDUCED coverages. But wait one minute, isn\’t that now happening in Mississippi, Louisiana, Florida and Texas? The new planned insurance policy will be a federally subsidized policy, and you can\’t sue the fed. Can you say FEMA? CAVEAT EMPTOR
\”Mark my words\”, Mark,…SF management invests more money, in my opinion based on research, in companies like, Archer Daniels Midland; Vulcan Materials; Caterpillar; The Soy Company, et.al. Why? They sit on the respective boards of these companies. Further, huge investments are made, as we speak, with Allstate; Aflac; Chubb and several other insurance companies. Oh yeah, R.J. Reynolds (tobacco); ChoicePoint (credit reporting), et.al. Why do you think, would any insurance company invest heavily in tobacco and credit reporting companies, if not for (1) higher health and life insurance rates, and (2) higher auto and fire insurance rates due to poor credit histories? Mark, you must be in SF management. (This is my opinion, I could be wrong).
Oh yeah, speaking of investments, check the S.E.C. (Security and Exchange Commission) website and download the financial filings of the SF \”upper-crust\”. You\’ll find millions of shares valued in billions of dollars, ….with Vulcan Materials, Caterpillar, et.al.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
As a State Farm Agent you must be aware that two former Enron Board Members were also board members of State Farm and then they suddenly vanished from the State Farm board. As a State Farm Agent you might not be aware of the many \”Jack Companies\” that are limited partnerships as part of Amberjack. State Farm has lied to the press about the number of \”Jack Companies\” before, this was in a press conference in Washington DC in 1999. I think if you are going to jump to the defense of State Farm you had better know all the facts. Does it not concern you that State Farm has committed perjury?
It is I, your SF agent friend in Texas.
I have been providing caveats galore to the public. Believe me, I do not defend SF.
Believe me, I am aware. We need to inform the public.
Roger I can see you are someone who jumps to conclusions without the facts. Please read any of my replys and tell me where I stated I was an attorney. Also if you can read you will see in one of my replys that I stated my case was at the Calif. Supreme Court Case #S131445. Most people would understand this means the case is very active and has merit as about 2% of all cases presented to the Supreme Court are accepted. In our original jury trial the jury awarded me, and the other agent, (yes I am an agent/broker) $12,600,000 which included punitive damage. I can tell you State Farm got caught lying and the jury knew it. Oh and by the way if you are going to call someone a loser you should at least spell it correctly!
Rich P,
I like to be somewhat well informed, so I looked your name up on the web and found these two articles from 1999…
\”STATE FARM AGENTS REVOLT AGAINST INSURANCE GIANT\”
http://www.glasslinks.com/newsinfo/sfcare.htm
\”State Farm Responds to \’SF Agents Who Care\’ Allegations\”
http://www.glasslinks.com/newsinfo/sfrespond.htm
I didn\’t find anything at the \”www.SFAgentsWhoCare.org\” website.
Looks like a lot of pissed off agents with an axe to grind, too me.
State Farm has always dealt fairly with me… but what would I know?
Rich-
Thank you for standing up for yourself, and by extension, all here, whether ones\’ understand the issue, appreciate your efforts, or not.
Disclosing bad corporate behaviour, and the people behind those dynamics, takes strength of character.
Is your case available as public record?
Foks are missing the big picture. The larger insurers set up the scheme that fell apart with Katrina. They sold homeowners insurance that protected them but of course the insurance sold did not protect them from the hazard they needed the protection from, storm surger. Insurance companies and the Fed\’s have worked up the flood program not as a protection program for the middle class but as a protection program for insurers so they can avoid providing coverage for that peril and for rich people with expensive homes on barrier islands..
The whole thing does not meet the \”justice\” test and justice will find a way. These companies will lose their lawsuits and will be in desparate shape. They will stall on these claims begging for time. They will seek Federal legislation and when they get it, they will ask for a bailout (see airlines).
Mr. Pyorre,
As a SF agent, I admire you. We have never met, maybe someday we shall. However, you and I communicate with each other, via other means, on a regular basis. As far as the other individuals responding to these notices, \”Walk a mile OR TWO, in our [State Farm insurance agent] shoes\”. One further note, the insurance industry is pushing for a new national catastrophe insurance policy for the nation. This means HIGHER costs and REDUCED coverages. But wait one minute, isn\’t that now happening in Mississippi, Louisiana, Florida and Texas? The new planned insurance policy will be a federally subsidized policy, and you can\’t sue the fed. Can you say FEMA? CAVEAT EMPTOR
\”Mark my words\”, Mark,…SF management invests more money, in my opinion based on research, in companies like, Archer Daniels Midland; Vulcan Materials; Caterpillar; The Soy Company, et.al. Why? They sit on the respective boards of these companies. Further, huge investments are made, as we speak, with Allstate; Aflac; Chubb and several other insurance companies. Oh yeah, R.J. Reynolds (tobacco); ChoicePoint (credit reporting), et.al. Why do you think, would any insurance company invest heavily in tobacco and credit reporting companies, if not for (1) higher health and life insurance rates, and (2) higher auto and fire insurance rates due to poor credit histories? Mark, you must be in SF management. (This is my opinion, I could be wrong).
Oh yeah, speaking of investments, check the S.E.C. (Security and Exchange Commission) website and download the financial filings of the SF \”upper-crust\”. You\’ll find millions of shares valued in billions of dollars, ….with Vulcan Materials, Caterpillar, et.al.
Do interests lie with SF?
Yes,
And where did SF management get the money to make billions of dollars in personal investments?